WASHINGTON — The value of U.S. durable goods orders rose 1.3% in November, but were actually down 0.1% excluding a 4.2% jump in transportation orders.
Transportation orders were lifted by a 14.5% surge in nondefense aircraft orders, an 11.9% rise in nondefense aircraft orders and a 1.4% increase in motor vehicles orders. In addition, the unlisted transportation components were up 6.5%, based on an MNI calculation.
Outside of transportation, there were orders declines for fabricated metals, machinery, and computers and electronics that offset gains in primary metals and the "other durable goods" category.
Nondefense capital goods new orders rose 2.6%, but fell 0.1% in the month when a sharp rise in civilian aircraft orders is removed.
Durable goods shipments rose 1.0%. Nondefense capital goods shipments rose 2.1% but were up only 0.3% excluding civilian aircraft orders. Durable inventories were up 0.2%, while unfilled orders rose 0.1% for the month.
